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Mge Energy Inc. (MGEE) logo

Mge Energy Inc.

S&P 500

MGEE/Utilities · Utilities - Regulated Electric/NASDAQ

Dividend Yield

2.50%

$1.90 · Annual Dividend

Stock Price$78.86P/E19.5MCap2.9BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

84/ 100Very Safe

MGEE's dividend appears very safe. Strengths include a 48.1% earnings payout ratio & 52.4% fcf payout ratio. The dividend has been growing at a 5.07% 5-year CAGR. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 48.1%Low earnings payout ratio leaves room to grow the dividend.
  • CFO Payout Ratio: 25.0%Operating cash flow strongly supports the payout.
  • Debt-to-Equity: 69.7Conservative debt level relative to equity.

Risks

No material risks identified across rated metrics.

Payout & Coverage

Very Safe

Balance Sheet

Safe

Profitability

Safe
10.9%Caution
36.1%Safe
Very StableVery Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
GrowingVery Safe

About Mge Energy Inc.

Mge Energy Inc. is a publicly traded energy company primarily involved in the generation, purchase, transmission, and distribution of electricity. It serves Madison, Wisconsin, and the surrounding areas, providing energy solutions to a mix of residential, commercial, and industrial customers. A key facet of Mge Energy Inc.'s operations is its commitment to sustainability and clean energy transition, as it invests in renewable energy sources like wind and solar power. The company also focuses on modernizing the grid and enhancing energy efficiency, aligning with broader industry trends toward reducing carbon footprints and promoting environmental stewardship. As an integral part of the regional utility sector, Mge Energy Inc. plays a crucial role in ensuring reliable and affordable energy supply, while also contributing to the economic development of the communities it serves. Its efforts in innovation and sustainability mark its significance in the ongoing transformation of the energy market.

Dividend Overview

Dividend Yield

2.50%

Annual Dividend

$1.90

Frequency

Quarterly

Payout Ratio

48.08%

FCF Payout Ratio

52.45%

52-Week Range

$72.16 - $91.49

Dividend History (2016–2025)

MGEE annual dividend per share and yield history

Earnings & Profitability

MGEE earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 1, 2026

Last Payment Date

June 15, 2026

Dividend Growth

3-Year Dividend CAGR

5.18%

5-Year Dividend CAGR

5.07%

10-Year Dividend CAGR

4.82%

3-Year Total Growth

16.35%

5-Year Total Growth

28.03%

10-Year Total Growth

60.17%

Income Calculator

MGEE Dividend Calculator

Total Investment

$7,885.50

Annual Income

$190.00

Quarterly Income

$47.50

Monthly Income

$15.83

Frequently Asked Questions

What is MGEE's current dividend yield?
Mge Energy Inc. (MGEE) currently has a dividend yield of 2.50%, based on a stock price of $78.86 and an annual dividend of $1.90.
When is MGEE's next dividend payment date?
MGEE's next ex-dividend date is 2026-06-01 and the next payment date is 2026-06-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MGEE pay in dividends per year?
Mge Energy Inc. paid $1.85 per share in annual dividends in 2025. The dividends are paid quarterly.
Has MGEE been increasing its dividend?
Mge Energy Inc. has grown its dividend at a 5-year CAGR of 5.07% and a 10-year CAGR of 4.82%.
Is MGEE's dividend safe?
Mge Energy Inc. has a payout ratio of 48.08%. Its free cash flow payout ratio is 52.45%. A payout ratio below 60% is generally considered sustainable.
How is MGEE's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Mge Energy Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.